Finance Minister Discusses Latest Developments in Kuwait's Economy with IMF Delegation
Finance Minister meets with IMF delegation to discuss updates on Kuwait's economy and government efforts to enhance fiscal sustainability and economic reform.
Translated by Qiyas from السياسة — Original source
- The meeting addressed enhancing financial sustainability, economic reform, and developing cooperation to support stability and sustainable development.
Finance Minister Professor Dr. Yaqoub Yousef Al-Rafai held talks today with an International Monetary Fund (IMF) delegation visiting Kuwait officially from November 2 to 9, 2026, led by Vincenzo Gatto, to discuss the latest economic and financial developments in the country and government efforts to enhance financial sustainability and support economic reform.
The Ministry of Finance said in a statement that the meeting covered updates on economic performance and government efforts to develop the public finance system and strengthen financial sustainability, in line with the state’s developmental objectives and the “New Kuwait 2035” vision.
It added that both sides discussed ways to enhance cooperation between Kuwait and the IMF, leverage technical expertise, and exchange views on future economic prospects, emphasizing the importance of continuing joint coordination to support economic and financial stability and achieve sustainable development.
Attending the meeting were Assistant Undersecretary for Technical Services and Acting Undersecretary of the Ministry of Finance Saad Al-Alawi, Director General of General Budget Affairs and General Accounting Affairs Ahmed Al-Omran, Acting Head of the Government Expenditure Performance Evaluation and Financial Accountability Unit Sheikh Saad Fahad Al-Sabah, and Senior Economic Advisors Alexey Meksyuk and Chandana Kularatne.
